The experience factor is the number that indicates how this company's claims experience compares with the rest of that industry. It's used to raise or lower the premium rate they pay to cover workers' compensation claims costs.

L&I calculates an experience factor by comparing a company's accident costs to the average costs of other companies in the same risk classification. An experience factor greater than 1.0 indicates a company has had higher-than-average claim cost; lower than 1.0 shows lower-than-average claim cost. New businesses usually start out with a factor of 1.0 until they are "experience rated."

Business Name: BOB TALBOTT CONTRACTOR
Legal Business Name: TALBOTT ROBERT J
UBI #: 600 628 129
Account #: 583,226-00

Results for account: " 583,226-00 " shown below.
Effective DateExperience Factor
01/01/20201.1250
01/01/20190.9000
01/01/20180.7200
01/01/20170.9048
01/01/20160.9420
01/01/20150.9028
01/01/20140.7400
01/01/20130.7848
01/01/20120.7628
01/01/20110.7971

 Back To Top 
 Back To Top